Addus HomeCare (ADUS) Tops Q1 EPS by 4c

Addus HomeCare (NASDAQ: ADUS) reported Q1 EPS of $0.37, $0.04 better than the analyst estimate of $0.33. Revenue for the quarter came in at $101.6 million versus the consensus estimate of $102.67 million.

"With our first quarter financial results, we are off to a solid start in 2017," commented Dirk Allison, President and Chief Executive Officer of Addus. "We are pleased with our 4.1% increase in same store revenues for the first quarter and we are excited about our recently announced acquisition of Options Home Care. We also continue to benefit from a substantial margin increase due to continuing process improvements and cost reduction initiatives begun in 2016."

For earnings history and earnings-related data on Addus HomeCare (ADUS) click here.

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